TOKYO -- Banks and regional financial institutions across Japan expect to come out with a unified smartphone payment service, perhaps in April 2020, Nikkei has learned. The envisioned service will ... ( read original story ...)
Nissan Chairman, Carlos Ghosn, Is Arrested Over Financial Misconduct Allegations
TOKYO — Carlos Ghosn, who created an alliance between Nissan ... as “masterminds” of a long-running scheme to mislead financial authorities. He offered few details, citing the prosecutors’ continuing ... ( read original story ...)
Hong Kong, Tokyo & Singapore rank as top finance locations in Asia
Colliers International, a global player in commercial real estate services, today released its latest research report 'Top Locations in Asia: Finance'. The report, based on a comprehensive study of 16 ... ( read original story ...)
Tokyo prosecutor: can’t comment on whether Ghosn has admitted to allegations
said on Thursday that he could not comment on whether Nissan Chairman Carlos Ghosn had admitted to allegations of financial misconduct. Kukimoto also said that Ghosn is being held at the Tokyo ... ( read original story ...)
Japan’s Inflation Stalls at 1% as Risks to Price Gains Gather
(Bloomberg) -- Slow but steady improvement in Japan’s core inflation gauge has come to a halt as a host of forces gather that could see price gains begin to slow. Consumer prices excluding fresh food ... ( read original story ...)
Why Japan finds coal hard to quit
"I was shocked by his expression 'join Japan,' given that the prime minister has not shown leadership in environmental policies domestically," Hirata told the Nikkei Asian Review, "and that Japan ... ( read original story ...)
BOJ keeps inflation, not bank pain, as its main policy priority
TOKYO (Reuters) - Japan’s long run of extreme monetary stimulus has drawn increasing criticism over the impact it’s had on small banks, but despite the grumbling, the central bank is likely to ... ( read original story ...)
Crunch time for Tencent Music’s 2018 $2 billion IPO hopes
While Hong Kong and Tokyo often remain busy well into year end – the $21 billion Tokyo IPO of SoftBank’s Japanese telecoms business is due to debut on December 19 – New York traditionally ... ( read original story ...)
Nikkei ends at three-week low after Ghosn arrest shocks market, Nasdaq fall drags tech stocks
TOKYO (Reuters) - Japan’s Nikkei fell to a three-week low on Tuesday as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest a... ( read original story ...)
Ghosn not currently fit to lead Renault, says French finance minister
PARIS (Reuters) - Carlos Ghosn is no longer fit to lead Renault (:RENA.PA) following his arrest in Japan, said the finance minister of France, which holds a key shareholding in Renault. "Carlos Ghosn ... ( read original story ...)
Japan finance minister Aso says to compile second extra budget for FY2018
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he would compile a second extra budget to respond to urgent needs including disaster relief in the current fiscal year, following i... ( read original story ...)
Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks
TOKYO (Reuters) - Japan’s Nikkei fell on Tuesday morning as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest and dismissal ... ( read original story ...)
The Chairman of Nissan Has Been Arrested in Tokyo. Here’s Why.
Nissan Motor Co. will remove Carlos Ghosn as chairman after he was arrested in Tokyo for violations of financial law, throwing the auto industry’s largest global alliance into turmoil. ( read original story ...)
Japan and South Korea to resume Iran oil imports in January
TOKYO/SEOUL (Reuters) -- Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the ... ( read original story ...)
Bank of Japan chief warns country’s struggling financial institutions not to engage in excessive risk taking
Bank of Japan Governor Haruhiko Kuroda on Monday warned against unbridled risk taking by financial institutions that are struggling to maintain profit margins as the country’s population shrinks. Regi... ( read original story ...)
Regional banks’ profit woes could damage financial system, Japan’s central banker warns
Bank of Japan Gov. Haruhiko Kuroda warned Monday that declining profits at regional banks could hurt the economy by potentially destabilizing the financial system. Regional banks’ core profitability h... ( read original story ...)